The National Real Estate Development Council (Naredco) has signed an MoU with the Ministry of Housing and Urban Affairs for providing skill training and employment opportunities to over 2.5 lakh urban poor in the construction sector.

The collaboration under Deendayal Antyodaya Yojana-National Urban Livelihoods Mission (DAY-NULM) will also focus on alignment of skill training with industry requirements, training unskilled manpower at construction sites and up-skilling of workers so that they can increase the income and get benefited from the Government certification programme.

“The main objective of this MoU is to provide employment to urban poor waiting to enter the construction sector and secondly up-skill the semi-skilled construction workers working on construction sites to a skilled category. Naredco will ensure the implementation of this initiative through training providers empanelled with the Construction Sector Skill Council (CSDCI),” Niranjan Hiranandani, National President, Naredco, said in a release today.

The council will be responsible for the overall implementation, achievement of the targets and outcomes. It will provide full placement for the training batches and has committed to at least 70 per cent captive placement at Naredco partners sites. Also under the up-skilling training programmes, Naredco will ensure an increment of at least three per cent in the wages of the beneficiaries getting

Training curriculum under this initiative will range from minimum 80 hours (10 days) to a maximum of 6 months. Naredco will encourage the training of women beneficiaries under this initiative. They will strive to achieve at least 30 per cent of the trained beneficiaries as women, wherever available, it added.

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